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Tuesday, 23 September 14
MEDCO TO INCREASE ITS COAL PRODUCTION NEXT YEAR
COALspot.com: PT Medco Energi Internasional is looking to increase its coal production next year, supported by the launch of operations at its Duta Tambang Sumber Alam (DTSA) mine, as quoted by The Jakarta post.
According to paper, DTSA mine will begin production in the fourth quarter of 2014 or next year at the latest.
At present, DTR, Medco’s another mine produces 600,000 tons to 700,000 tons of coal per year. Production from the DTSA mine is expected to be around 300K per annum starting from early next year.
Both DTR and DTSA are located in Nunukan, North Kalimantan, and their coal has high calorific value. DTR began production in 2012 and most of its coal output is exported to meet international needs, the post further said.
Medoc DTR mine produces high value and high sulphur coal. According to HBA specification, Medco produces coal with calorific value 6500 GAR and 3.28% of Sulphur of coal. Medco also produces another type of coal says 6,200 kcal/kg GAR and 4% sulphur coal, the HBA data shows.
According to Medco’s data, as quoted by paper, its coal mining business accounted for 5.9 percent of its total revenue during the first six months of the year. While the firm’s total revenue stood at US$360.37 million, coal’s contribution amounted to $21.43 million. However, in terms of profits, the coal business made up a quarter, or $2.25 million, of Medco’s bottom line in the first half.
Meanwhile, Medco’s chief financial officer, Lany Wong, said the energy company expected to secure bank loans within the next two to three months to refinance its loans, which are due to mature in 2015, the paper said.
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Thursday, 21 August 14
PREDICTIONS FROM VARIOUS SHIPPERS AND MINING INDUSTRY FOR 2ND HALF YEAR AND ESPECIALLY Q4 IS POSITIVE
Handy
The activity has increased in both hemispheres this week and we see rates edging up on all trades. TA´s are now paying around 8k whic ...
Thursday, 21 August 14
SHIP OWNERS KEEP SHYING AWAY FOR NEW SHIP INVESTMENTS, OVERALL TREND IS DOWN - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING NEWS
Ship owners have remained in the sidelines of the Sale & Purchasing market for second hand vessels, during most of August, while they also slow ...
Wednesday, 20 August 14
DRY BULK MARKET TO REBOUND IN THE FOURTH QUARTER, OR NOT....- NIKOS ROUSSANOGLOU, HELLENIC SHIPPING
The projected rebound of the dry bulk market is still an elusive trend and shipbrokers and analysts are looking to identify the timing of the loomi ...
Monday, 18 August 14
CAPESIZE RATES TO RISE TO MUCH HIGHER LEVELS THIS YEAR - JEFFREY LANDSBERG
COALspot.com: Capesize rates ended last week at $15,561/day, which marked a week-on-week increase of $6,167 (66%). Capesize rates have been a ...
Monday, 18 August 14
SUB-BIT FOB INDONESIA COAL SWAP CLOSED AT $58.60 FOR SEPTEMBER 2015; UP $4 FROM SEPTEMBER 2014 CLOSING
COALspot.com: Indonesian coal swaps for average September 2014 decreased US$ 0.15 (-0.27%) day on day and US$ 0.75 (-1.36%) per mt week on week. Th ...
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- New Zealand Coal & Carbon
- Pendopo Energi Batubara - Indonesia
- Kalimantan Lumbung Energi - Indonesia
- Coastal Gujarat Power Limited - India
- Marubeni Corporation - India
- Samtan Co., Ltd - South Korea
- Meenaskhi Energy Private Limited - India
- Planning Commission, India
- Ministry of Mines - Canada
- Indonesian Coal Mining Association
- Aboitiz Power Corporation - Philippines
- Simpson Spence & Young - Indonesia
- Vizag Seaport Private Limited - India
- Africa Commodities Group - South Africa
- Alfred C Toepfer International GmbH - Germany
- VISA Power Limited - India
- Karaikal Port Pvt Ltd - India
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Kapuas Tunggal Persada - Indonesia
- Lanco Infratech Ltd - India
- Ind-Barath Power Infra Limited - India
- Bhoruka Overseas - Indonesia
- GAC Shipping (India) Pvt Ltd
- Baramulti Group, Indonesia
- Vijayanagar Sugar Pvt Ltd - India
- PowerSource Philippines DevCo
- Salva Resources Pvt Ltd - India
- Karbindo Abesyapradhi - Indoneisa
- Global Green Power PLC Corporation, Philippines
- Sakthi Sugars Limited - India
- AsiaOL BioFuels Corp., Philippines
- Bharathi Cement Corporation - India
- Toyota Tsusho Corporation, Japan
- Petron Corporation, Philippines
- Ministry of Finance - Indonesia
- Electricity Generating Authority of Thailand
- Deloitte Consulting - India
- Asmin Koalindo Tuhup - Indonesia
- Mercuria Energy - Indonesia
- Tamil Nadu electricity Board
- Barasentosa Lestari - Indonesia
- Mercator Lines Limited - India
- PNOC Exploration Corporation - Philippines
- Ceylon Electricity Board - Sri Lanka
- Essar Steel Hazira Ltd - India
- Bulk Trading Sa - Switzerland
- Global Business Power Corporation, Philippines
- Kohat Cement Company Ltd. - Pakistan
- McConnell Dowell - Australia
- Binh Thuan Hamico - Vietnam
- Riau Bara Harum - Indonesia
- Siam City Cement - Thailand
- Malabar Cements Ltd - India
- Merrill Lynch Commodities Europe
- Parliament of New Zealand
- Pipit Mutiara Jaya. PT, Indonesia
- Intertek Mineral Services - Indonesia
- Chamber of Mines of South Africa
- Wood Mackenzie - Singapore
- Offshore Bulk Terminal Pte Ltd, Singapore
- Vedanta Resources Plc - India
- Manunggal Multi Energi - Indonesia
- Economic Council, Georgia
- Energy Development Corp, Philippines
- Jorong Barutama Greston.PT - Indonesia
- Kartika Selabumi Mining - Indonesia
- Metalloyd Limited - United Kingdom
- Trasteel International SA, Italy
- SMG Consultants - Indonesia
- Wilmar Investment Holdings
- Antam Resourcindo - Indonesia
- Bangladesh Power Developement Board
- Star Paper Mills Limited - India
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Videocon Industries ltd - India
- Eastern Energy - Thailand
- Makarim & Taira - Indonesia
- Port Waratah Coal Services - Australia
- Kaltim Prima Coal - Indonesia
- Ambuja Cements Ltd - India
- Cement Manufacturers Association - India
- Uttam Galva Steels Limited - India
- GMR Energy Limited - India
- Neyveli Lignite Corporation Ltd, - India
- Thai Mozambique Logistica
- Kobexindo Tractors - Indoneisa
- Mjunction Services Limited - India
- Jaiprakash Power Ventures ltd
- ASAPP Information Group - India
- Straits Asia Resources Limited - Singapore
- Bukit Makmur.PT - Indonesia
- The Treasury - Australian Government
- Romanian Commodities Exchange
- Leighton Contractors Pty Ltd - Australia
- PTC India Limited - India
- Bhatia International Limited - India
- SMC Global Power, Philippines
- International Coal Ventures Pvt Ltd - India
- CIMB Investment Bank - Malaysia
- Indogreen Group - Indonesia
- London Commodity Brokers - England
- Agrawal Coal Company - India
- Eastern Coal Council - USA
- Standard Chartered Bank - UAE
- Edison Trading Spa - Italy
- Orica Australia Pty. Ltd.
- Maharashtra Electricity Regulatory Commission - India
- Sinarmas Energy and Mining - Indonesia
- Indian Oil Corporation Limited
- Formosa Plastics Group - Taiwan
- Renaissance Capital - South Africa
- Central Java Power - Indonesia
- Australian Commodity Traders Exchange
- Oldendorff Carriers - Singapore
- Price Waterhouse Coopers - Russia
- PetroVietnam Power Coal Import and Supply Company
- Kideco Jaya Agung - Indonesia
- Larsen & Toubro Limited - India
- Bayan Resources Tbk. - Indonesia
- Bukit Asam (Persero) Tbk - Indonesia
- Madhucon Powers Ltd - India
- Semirara Mining and Power Corporation, Philippines
- Parry Sugars Refinery, India
- Attock Cement Pakistan Limited
- Indika Energy - Indonesia
- Power Finance Corporation Ltd., India
- Rio Tinto Coal - Australia
- Ministry of Transport, Egypt
- Minerals Council of Australia
- Sindya Power Generating Company Private Ltd
- IEA Clean Coal Centre - UK
- The University of Queensland
- OPG Power Generation Pvt Ltd - India
- White Energy Company Limited
- Singapore Mercantile Exchange
- LBH Netherlands Bv - Netherlands
- Borneo Indobara - Indonesia
- Carbofer General Trading SA - India
- Chettinad Cement Corporation Ltd - India
- Global Coal Blending Company Limited - Australia
- Grasim Industreis Ltd - India
- Interocean Group of Companies - India
- CNBM International Corporation - China
- Petrochimia International Co. Ltd.- Taiwan
- Indian Energy Exchange, India
- India Bulls Power Limited - India
- Therma Luzon, Inc, Philippines
- Dalmia Cement Bharat India
- ICICI Bank Limited - India
- Coalindo Energy - Indonesia
- GVK Power & Infra Limited - India
- Thiess Contractors Indonesia
- Sojitz Corporation - Japan
- Krishnapatnam Port Company Ltd. - India
- Kepco SPC Power Corporation, Philippines
- Meralco Power Generation, Philippines
- Gujarat Electricity Regulatory Commission - India
- Banpu Public Company Limited - Thailand
- Energy Link Ltd, New Zealand
- Bank of Tokyo Mitsubishi UFJ Ltd
- Rashtriya Ispat Nigam Limited - India
- Goldman Sachs - Singapore
- Bukit Baiduri Energy - Indonesia
- Heidelberg Cement - Germany
- South Luzon Thermal Energy Corporation
- Timah Investasi Mineral - Indoneisa
- San Jose City I Power Corp, Philippines
- Semirara Mining Corp, Philippines
- Gujarat Sidhee Cement - India
- Savvy Resources Ltd - HongKong
- Xindia Steels Limited - India
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Anglo American - United Kingdom
- Mintek Dendrill Indonesia
- Coal and Oil Company - UAE
- Miang Besar Coal Terminal - Indonesia
- Georgia Ports Authority, United States
- Latin American Coal - Colombia
- Bahari Cakrawala Sebuku - Indonesia
- Jindal Steel & Power Ltd - India
- MS Steel International - UAE
- European Bulk Services B.V. - Netherlands
- Billiton Holdings Pty Ltd - Australia
- GN Power Mariveles Coal Plant, Philippines
- Central Electricity Authority - India
- Cigading International Bulk Terminal - Indonesia
- Commonwealth Bank - Australia
- TNB Fuel Sdn Bhd - Malaysia
- Directorate Of Revenue Intelligence - India
- Holcim Trading Pte Ltd - Singapore
- IHS Mccloskey Coal Group - USA
- Medco Energi Mining Internasional
- SN Aboitiz Power Inc, Philippines
- Australian Coal Association
- Globalindo Alam Lestari - Indonesia
- Kumho Petrochemical, South Korea
- Aditya Birla Group - India
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Sree Jayajothi Cements Limited - India
- Indo Tambangraya Megah - Indonesia
- Orica Mining Services - Indonesia
- Maheswari Brothers Coal Limited - India
- The State Trading Corporation of India Ltd
- Posco Energy - South Korea
- Bhushan Steel Limited - India
- Sical Logistics Limited - India
- Sarangani Energy Corporation, Philippines
- Iligan Light & Power Inc, Philippines
- Gujarat Mineral Development Corp Ltd - India
- Directorate General of MIneral and Coal - Indonesia
- Tata Chemicals Ltd - India
- Siam City Cement PLC, Thailand
- Independent Power Producers Association of India
- Electricity Authority, New Zealand
- Altura Mining Limited, Indonesia
- TeaM Sual Corporation - Philippines
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